FTX Exploiter Converts Millions in Ether to Alameda-Linked Ren Bitcoin Tokens

Whoever was behind the $600 million exploit of crypto exchange FTX started exchanging millions of dollars worth of ether to Ren Bitcoin , a token that represents bitcoin on other blockchains, early on Sunday.

Funds stolen from FTX were steadily converted to ether over the past week, making the exploiter one of the largest holders of the token, asThe use of renBTC may surprise some in the crypto space: In 2021, Alameda Research – the Sam Bankman-Fried-owned trading arm at the center of a

renprotocol shauryamalwa

renprotocol shauryamalwa Didn’t the Bahamian government induce the “hack” so they could seize the funds of FTX?

shauryamalwa renprotocol What about the reports 2 days ago that The Government of Bahamas are indeed the ones who own the wallet. They pressured SBF to hack and transfer all the money and then converted to ETH.

renprotocol shauryamalwa Your statement that ren obfuscates funds and provides privacy to users is totally false . Renbtc can still be tracked across chains by chainalysis. Everything is transparent on chain . Ren is not a privacy protocol

renprotocol shauryamalwa

renprotocol shauryamalwa Thankss a millon

renprotocol shauryamalwa Thankss a millon

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